Saudi Arabia's market regulator said on Monday it would allow foreign investment in listed companies that own real estate within Islam's two holiest sites of Mecca and Medina, as the Gulf country looks to attract more investment.

wikipedia

Reuters

United Kingdom

Saudi Arabia allows foreigners to invest in firms with property in Mecca, Medina

Ad Fontes Media

All Sides

Media Bias/Fact Check

The Woodbridge Company

RIYADH, Saudi Arabia, Jan. 28, 2025 (GLOBE NEWSWIRE) -- The Saudi Capital Market Authority (CMA) has announced that foreigners are allowed to invest in Saudi listed companies in the Saudi capital market that own real estate within the boundaries of the cities of Makkah and Madinah, starting today. This follows the approval of the Controls for the Exclusion of Companies Listed in the Saudi Stock Exchange (Tadawul) from the Meaning of the Phrase (…

Benzinga

New York

United States

The Saudi Capital Market Authority: Allowing Foreign Investment in Real Estate Listed Companies Operating in Makkah and Madinah

RIYADH, Saudi Arabia, Jan. 28, 2025 (GLOBE NEWSWIRE) — The Saudi Capital Market Authority (CMA) has announced that foreigners are allowed to invest in Saudi liste…

Financial Post

Leon Cooperman

Allianz

Canada

Business & economy | World | The decision will allow foreigners to invest in companies whose revenues rely on the Islamic pilgrimage, one of the leading sources of revenue for the kingdom.

WION

Invesco

Noida

Uttar Pradesh

India

Saudi Arabia: Mecca, Medina opens for foreign investors to boost development

Saudi Arabia will allow foreigners to invest in firms whose revenues rely on the Islamic pilgrimage - one of the top revenue sources for the oil-rich kingdom.

The West Australian

Kerry Stokes

Australia

Saudi Arabia looks to attract more foreign investment

“Foreigners are allowed to invest in Saudi companies listed on the Saudi Stock Exchange that own real estate within the holy cities of Mecca and Medina, starting today [Monday],” the Saudi markets authority announced in a statement. This decision “aims to stimulate investment, reinforce the attractiveness and competitiveness of the financial market, and support the local economy”, attracting foreign capital for current and future projects in Mec…

"Os estrangeiros estão autorizados a investir em empresas sauditas cotadas na Bolsa de Valores saudita que possuem imóveis dentro das cidades sagradas de Meca e Medina, a partir de hoje [segunda-feira]", anunciou a autoridade para os mercados sauditas, em comunicado.   Esta decisão "visa estimular o investimento, reforçar a atratividade e a competitividade do mercado financeiro e apoiar a economia local", atraindo capital estrangeiro para projet…

Arábia Saudita abre projetos imobiliários em Meca e Medina a estrangeiros

Noticias ao Minuto

Portugal

Saudi Arabia opens real estate projects in Mecca and Medina to foreigners

Saudi Arabia said it will begin allowing foreigners to invest in publicly-traded companies owning real estate in the holy cities of Makkah and Madinah for the first time as the kingdom looks to draw in more overseas investment.

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

Saudi Arabia Opens Foreign Property Investments in Holy Cities

RIYADH: Foreigners can now invest in Saudi-listed companies owning real estate in Makkah and Madinah, following a landmark decision by the Saudi Capital Market Authority. Effective immediately, the move aims to boost the capital market’s competitiveness and align with the Kingdom’s Vision 2030 economic diversification objectives, the CMA announced in a press release.

Arab News

Saudi Research and Media Group

Riyadh

Riyadh Province

Saudi Arabia

Saudi Arabia opens door for foreign investment in Makkah and Madinah real estate

PerthNow

City of Perth

Western Australia

These investments can be made specific to companies with projects in the two Holy Cities

Gulf News

Al Nisr Publishing

Dubai

United Arab Emirates

Saudi Arabia allows foreigners to invest in property companies with Mecca, Madina operations

Saudi Arabia Economy

Business

Middle East Politics

Middle East

Asia

Real Estate

Asian Economy

Asian Politics

Economy

Stock Markets

Middle East Economy

Islam

Politics

Saudi Arabia Politics

Property

Inquirer

Dawn

The Economic Times

Middle East Monitor

Firstpost News

rd.nl

New Strait Times

The National

Al-Monitor

Business Recorder

Telegrafi

3yonnewsi

The Express Tribune

Business Insider (Poland)

The Siasat Daily

Zawya

i24NEWS

IFP News

Emirates24|7

The New Arab

Business Times

Middle East Eye

NewsX

شبكة الميادين

Newtelegraph

Asharq AL-awsat

MM News TV

AlKhaleej Today

Daily Pakistan Observer -

Insider Paper

Gulf Business

The Media Line

AGBI

The Muslim Times

The News God

https://ummid.com/

Robotics & Automation News

AUGAF

Forbes ME

The Islamic Information

24 News HD

Pakistan Live News

humenglish.com

madhyamamonline.com

awazthevoice.in

Clarion India

tv360nigeria.com

Startup Pakistan - Startups, Technology and Business News From Pakistan

Curly Tales

republicpolicy.com

techeconomy.ng

independentpress.cc

infogate.cl

Bazaar Times

Saudi Arabia allows foreigners to invest in firms with property in Mecca, Medina

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics